Posted
by
Zonk
on Tuesday January 24, 2006 @01:24PM
from the bowing-out dept.

Unsichtbarer_Mensch wrote to mention a Seattle PI story in which Yahoo! CFO Susan Decker states that they're not aiming to be the No. 1 Search engine. From the article: "Yahoo!'s comments underline the difficulties any Internet company faces in trying to challenge Google's dominance of the Web search industry. Google has at least double the market share of Yahoo! and Microsoft Corp. in Internet search, the largest and most profitable segment of online advertising. 'In some countries, it's already game over in search, with Google the clear victor,' said RBC Capital Markets analyst Jordan Rohan in New York. 'Google's product development pipeline runs at such a fast rate that it's very difficult for any company, Microsoft or Yahoo! to catch up.'"

Hello, my name is Yahoo. During the dot-com boom, I forgot search was important and let Google take over my core franchise. Then in 2002 I spent $235 million [yahoo.com] buying Inktomi to try and catch up and create the "highest quality search."

Now, just as Google becomes choked with spamblogs and linkfarms and results bought and paid for by SEOs, I am once again ceding competitiveness in the most important part of Internet media.

If you are a shareholder, and this bothers you, please remember you bought stock in a company WHOSE NAME MEANS FUCKING IDIOT [m-w.com].

Was it game over when GM had their best year ever (1978)? Not for Toyota...
Was it over when the A&P was the largest chain in the world?
etc etc etc....
Was it over when the Germans Bombed Pearl Harbor?